Going Digital: The Future of Insurance

There are more web-connected devices in the world than people – over fifty percent of the world are online every day. Let’s find how the insurance can grow with the digital revolution. The following infographic shows some aspects of the insurance industry in the context of digital revolutions.

Many insurers rely on new products and services for business growth. Moreover, outperforming organisations use data more extensively than underperforming organisations throughout the entire customer life cycle.

In a recent survey, insurers were asked about their views on the role of digital in insurance. The key findings are provided in the infographic below. The infographic explores the future trends related to insurance as well as how insurers should respond. It is recommended to create moments of engagement, be obsessed with customers, build analytics infrastructure and frame the investment argument for digital.